E
Seller's Agent in 2022
Erika Osborne-Russ
eXp Realty, LLC
(704) 640-0118
1 in this area
49 Total Sales
503 S Lafayette St Shelby, NC 28150
Estimated Value: $230,000 - $260,000
3
Beds
2
Baths
2,042
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- City View
- Corner Lot
- Laundry Room
- Wood Flooring
- Walk-In Closet
- Central Heating
About This Home
As of November 2022SUBSTANTIAL PRICE DROP!!! SELLERS ARE MOTIVATED!
Check out this one of a kind property located in the heart of Shelby NC. Backing up to Shelby's historical district, this property is zoned GB but currently being used as a residence. This full brick, corner lot property had endless options and possibilities! Due to zoning change, the sellers are adding finishing touches to current renovations & property is being sold AS-IS. Please be careful while showing. Basement stairs are steep, so please use handrail. Seller is in the process of cleaning up. Please overlook the mess. Schedule your showing today!
Last Agent to Sell the Property
eXp Realty, LLC License #291287 Listed on: 06/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,710
Year Built
- Built in 1930
Lot Details
- Corner Lot
- Property is zoned G-B, GB
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- Ceiling Fan
- Living Room with Fireplace
- City Views
- Basement
- Crawl Space
Kitchen
- Built-In Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Linoleum
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Electric Dryer Hookup
Utilities
- Central Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 17868
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Nov 7, 2022
Sold by
Swaenepoel Michael J and Swaenepoel Vivian I
Bought by
Garrett Dona Michelle
Seller's Agent
Erika Osborne-Russ
eXp Realty, LLC
Buyer's Agent
Erika Osborne-Russ
eXp Realty, LLC
List Price
$250,000
Sold Price
$190,100
Premium/Discount to List
-$59,900
-23.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,137
Avg. Annual Appreciation
8.95%
Original Mortgage
$207,093
Outstanding Balance
$200,372
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$44,865
Purchase Details
Closed on
Mar 23, 2018
Sold by
Whaley Johnny H and Whaley Harriett C
Bought by
Swaenepole Michael J and Swaenepole Vivian I
Purchase Details
Closed on
May 28, 2015
Sold by
Whaley Johnny H and Whaley Harriett C
Bought by
Swaenepoel Michael J and Swaenepoel Vivian I
Purchase Details
Closed on
May 18, 2015
Sold by
Fannie Mae
Bought by
Whaley Johnny H
Purchase Details
Closed on
Mar 6, 2015
Sold by
Henry Charles P and Henry Sandra S
Bought by
Federal National Mortgage Association
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garrett Dona Michelle | $190,500 | -- | |
| Swaenepole Michael J | -- | None Available | |
| Swaenepoel Michael J | -- | None Available | |
| Whaley Johnny H | -- | None Available | |
| Federal National Mortgage Association | $47,909 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garrett Dona Michelle | $207,093 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $190,100 | -5.0% | $93 / Sq Ft |
| 07/30/2022 07/30/22 | Pending | -- | -- | -- |
| 07/07/2022 07/07/22 | Price Changed | $200,000 | -20.0% | $98 / Sq Ft |
| 06/13/2022 06/13/22 | For Sale | $250,000 | -- | $122 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,710 | $171,869 | $38,711 | $133,158 |
| 2024 | $1,213 | $98,617 | $46,706 | $51,911 |
| 2023 | $1,207 | $98,617 | $46,706 | $51,911 |
| 2022 | $1,207 | $98,617 | $46,706 | $51,911 |
| 2021 | $1,213 | $98,617 | $46,706 | $51,911 |
| 2020 | $811 | $63,526 | $46,706 | $16,820 |
| 2019 | $811 | $63,526 | $46,706 | $16,820 |
| 2018 | $810 | $63,526 | $46,706 | $16,820 |
| 2017 | $790 | $63,526 | $46,706 | $16,820 |
| 2016 | $792 | $63,526 | $46,706 | $16,820 |
| 2015 | $801 | $67,749 | $50,898 | $16,851 |
| 2014 | -- | $67,749 | $50,898 | $16,851 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Osborne-Russ
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3871892
APN: 17868
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